Over the last couple of weeks, BLZ has seen some strong gains, increasing more than 300% in value.
Currently, two things are happening at once. For one, BLZ is very near the channel support, potentially bouncing from it soon. Furthermore, the channel support is making a triangle pattern when the ATH is connected with the 08/04 local high.
This trade assumes that BLZ will bounce off the support and see a break out through the triangle resistance.
Happy trading!
Currently, two things are happening at once. For one, BLZ is very near the channel support, potentially bouncing from it soon. Furthermore, the channel support is making a triangle pattern when the ATH is connected with the 08/04 local high.
This trade assumes that BLZ will bounce off the support and see a break out through the triangle resistance.
Happy trading!
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